Faroe Islands — Gross capital formation
millions of LCU · Annual · 1998–2024 · 27 observations
About this series
Gross capital formation records investment in fixed assets, changes in inventories and, where included, valuables during the period. It is a flow in the expenditure account of GDP.
The latest gross capital formation reading for the Faroe Islands was 7.87B LCU in 2024. The previous reading was 8.52B LCU in 2023; the period change was −7.66%. The latest reading was above the selected 10-year average of 6.37B LCU. The corresponding ratio to GDP was 28.2% in 2024.
Get the full series
- Annual data, 1998–2024
- All 2 sources, downloadable
Latest observations
2015–2024
| Period | Value |
|---|---|
| 2024 | 7.87B LCU |
| 2023 | 8.52B LCU |
| 2022 | 8.27B LCU |
| 2021 | 6.71B LCU |
| 2020 | 6.05B LCU |
5 earlier values, back to 2015
| 2019 | 6.12B LCU |
| 2018 | 6.47B LCU |
| 2017 | 4.66B LCU |
| 2016 | 4.46B LCU |
| 2015 | 4.58B LCU |